Greek 10 year bond issued at 0.9%
Posted: June 14th, 2021, 12:38 pm
by SteMiS
Pretty remarkable turnaround in sentiment from the crisis of early 2010's
https://twitter.com/cstaikouras/status/ ... 30947?s=20
Re: Greek 10 year bond issued at 0.9%
Posted: June 14th, 2021, 7:58 pm
by mark88man
I think back in 2010, people expected the risk premium to cover the risk of default. Now we know the ECB won't let anything default to protect the wealthier nations I'm not surprised the Greek finance ministry won't let itself be punished.
(PS I am sure the above statement is woefully inaccurate but I was always astonished at the money that posters like wshak made from this imbalance)